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Brokers
Marsh McLennan taps Rivera as CMF LatAm and Caribbean CEO
Rivera will succeed current CEO Carlos Rivera, effective 1 January.
Jairo Ibarra
,
25 November 2024
Specialty lines
Bishop Street ventures into London market with Landmark Underwriting takeover
The deal follows Bishop Street’s acquisition of Ethos’ TL operations from Ascot.
Jairo Ibarra
,
25 November 2024
Catastrophe losses
ILS market sizing Hurricane Milton losses at around $20bn
Moderate impacts to ILS returns are anticipated from Hurricane Milton.
Jai Singh
,
25 November 2024
Catastrophe losses
PCS puts second Hurricane Milton insured loss at $15bn
The loss figure has increased 200% from the initial number provided in October.
Jai Singh
,
25 November 2024
Marine
Amwins hires TMHCC’s Bryan to underwrite cargo via MGA
Amwins is working to build out its London underwriting business.
Samuel Casey
,
25 November 2024
Cyber
Cyberattacks have cost UK businesses $55.3bn in five years: Howden
Cybersecurity basics could reduce cyberattack costs by up to ~75%.
Abbie Day
,
25 November 2024
UK and Europe
Chubb leads DHL Lithuania cargo jet crash
The programme is brokered by Gallagher.
Rebecca Perkins
,
25 November 2024
Talent
Aviva takes Chubb’s Goodwin for cargo in Lloyd’s marine push
The carrier can write marine on company and Lloyd’s platforms after the Probitas deal.
Samuel Casey
,
25 November 2024
Digests
Daily Digest: Top news from 25 November
A roundup of all the news you need today, including Oak Re securing Bain Capital’s investment.
Insurance Insider
,
25 November 2024
Specialty lines
Oak Re secures Bain Capital as minority backer ahead of 1.1 launch
Other capacity supporting the syndicate is mostly individual Names, sources have said.
Adam McNestrie
,
25 November 2024
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